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News - Irish Life Corporate Business

Posted on July 28, 2017

The wheels are starting to come off the German auto industry, with the country’s five biggest car makers facing allegations that they have engaged in cartel-like behaviour for more than a decade.

Speaking on the latest podcast, Irish Times Berlin Correspondent Derek Scally says the industry, worth around €400 billion to the German economy annually, is too big to fail, but if the latest allegations are proved to be true then the diesel emissions scandal at Volkswagen will prove to have been just the opening act.

In the second part of the show, Laura Slattery has the background on the row over the gender pay gap at the BBC and what the spill-over might be for RTÉ.

Posted on July 07, 2017

Ireland’s saving habits have been revealed in recent research* by Irish Life. Just under two thirds of Irish people are actively saving and have some savings, and in contrast, a third of people claim not to have any savings at all. The research also found that a third of Irish employees have a company pension fund set up for when they retire, and a quarter of Irish employees have their own private pension in place. By saving into a private or company pension plan, people’s savings can go a lot further. 

 

Posted on July 03, 2017

Sherry Fitzgerald founder Mark FitzGerald is Ciarán Hancock's guest on the Inside Business podcast. He talks about the need for radical thinking to solve the housing crisis, recalls his time in the estate agent business and a few memories of his late father Garret, and shares some tips for first time buyers.

Posted on June 26, 2017
Will the UK's hung parliament lead to a softer Brexit?
Maybe according to Director General of The British Irish Chamber of Commerce John McGrane. But it would take "somebody of the unique 'backflipability' of a Boris Johnson to come out and say: I've looked into my heart, de Valera-like, and I've read the will of the people and it's for a soft Brexit."
 
Posted on June 16, 2017

Maybe, says Director General of The British Irish Chamber of Commerce John McGrane. But it would take "somebody of the unique 'backflipability' of a Boris Johnson to come out and say: I've looked into my heart, de Valera-like, and I've read the will of the people and it's for a soft Brexit."

He is joined by economist Jim Power to discuss what a softer border with Northern Ireland might look like and what Ireland's new Taoiseach Leo Varadkar should do for the economy.

In the second half of the show, Larry Broderick of the Financial Services Union talks to Joe Brennan about the AIB IPO and explains why the bank should establish a profit-share with staff in recognition of their role in getting it back on its feet.

 

Posted on June 12, 2017

As Michael Noonan prepares to hang up his boots at the Department of Finance, former Labour TD Pat Rabbitte and IBEC's Danny McCoy join Cliff Taylor and Ciarán Hancock to discuss his legacy.

In the second part of the show, Laura Slattery and Davin O'Dwyer are in studio to talk about the announcements made at Apple's conference on Monday, including that Amazon Prime will now be available on Apple TV. They look at what affect, if any, that might have on Netflix.

Posted on June 02, 2017

"Sorry mate, you can't spend it" - AIB's IPO, Ryanair, Mercantile Divorce & Bid Rigging

With an expected price tag of €3 billion, the AIB flotation green-lighted by the Finance Minister Michael Noonan on Tuesday, will be one of the biggest in Europe in recent years.

Does that mean the government will have extra money to spend on much-needed infrastructure once the sale goes through? Not exactly, Cliff Taylor tells the latest Inside Business podcast.

Posted on May 26, 2017

In the early 1990's John Fitzpatrick went to New York to run a new hotel owned by his father. Today, Fitzpatrick is now one of New York hospitality's most well known names, and his two hotels are havens for Irish visitors to the city. In the 25 years in between he has seen many ups and downs in the trade, from the post-9/11 downturn to monthly Celtic Tiger-era shopping trips by the wealthy Irish, and the advent of AirBnB.

He tells Ciarán Hancock about his quarter century in New York.

Posted on May 23, 2017

Our staff choir, the "Life Choir", had a fantastic achievement recently, coming second overall at the National Workplace Choir of the Year competition, run in association with Lyric FM and held in University Concert Hall, Limerick.

Posted on May 18, 2017

Exporters, particularly in the agri-food sector, are already beginning to feel the Brexit pinch, according to Enterprise Ireland. Is enough being done to protect the economy from restricted access to the UK market? Can that damage be offset by growth in the financial services sector? And will we have enough homes to house all the new bankers? To discuss all this we're joined by economist Jim Power, and Joe Brennan and Eoin Burke Kennedy from The Irish Times business team.

In part two: controversial UK retailer Sports Direct opened its first major standalone store in Dublin this week. Mark Paul paid a visit and found a tough competitor for established players such as Lifestyle and Elverys.

Inside Business is produced in association with Irish Life.

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